Skip to content

We Want To Hear From you

Have a comment or question? Send us a message.

Get In Touch With Us Today

If you have got questions, we have the answers. Just send us a message and one of our accountants will be in contact with you within 48hrs – even on weekends and holidays.

    Your Message

    Stop By Anytime

    We are open: Monday to Friday from 9am to 7pm and Saturday from 10am to 5pm

    18 - 20 East Street
    Bromley, BR1 1QU

    At Adiva Accountants all initial consultations are free of charge, so contact us today.
    For quality, competitive, and friendly accountancy services, please contact

    Adiva Accountants

    on 020 8313 9117 or via email at contact@adivaaccountants.co.uk.

    At Adiva Accountants we have the knowledge and the experience to provide you with the kind of accounting and tax services that you are looking for. At Adiva Accountants we look forward to discuss with you, without obligation, ways in which we may be able to help your personal or business needs.

    Alternatively, you can complete the contact form here and we will respond as soon as possible.

    Directors of Adiva Accountants have over 10 years’ experience of providing accountancy services. They have completed Bachelor and Masters degrees in Accountancy, Taxation and Business Management. Additionally, they have completed various accountancy qualifications such as ACCA, AAT, etc. So, they hold various accountancy degrees and qualifications up to chartered certified accountant.

    They can advise you on many other things, such as how to get the best price when you come to sell your business. Or on how to satisfy the banks conditions when you need help with finance. Or on how to keep creditors, insurers and suppliers happy, etc. Their expertise covers income tax, capital gains tax, corporation tax, VAT, payroll and many more.

    They can help with dealing with Inland Revenue investigations also.


    Parking

    There are parking bays right in front of the office, please be careful not to park in loading bays. Parking costs £1.90 per hour (maximum stay 2 hours). Alternatively, you can park in Sainsbury’s car park, which is just 1 minute walk away from the office. Parking there is completely free for 30 minutes and would be free for up to 2 hours provided you spend £10 in Sainsbury’s. Our office is at 18-20 East Street, Bromley BR1 1QU, which is opposite of O’Neill’s pub and TruGym.

    Alternatively, there is a big car park (1,500 spaces) in the INTU Bromley Shopping Centre (formerly The Glades). Parking costs £1.10 per hour for every day of the week. The shopping centre car park address is: The Glades, High Street, Bromley, BR1 3EF.


    By car

    If you drive to our office in Bromley, please enter this address in your Satnav 18-20 East Street, Bromley, BR1 1QU. From Orpington, you can take A232, then A21. From Beckenham, you can take A222. From Eltham, you can take A208B226A2212, then A21. From Lewisham and Catford, you can take A21. From Croydon, you can take A232A233, then A21. From Kent, you can take A21. From North and East London, you can take the Blackwell tunnel southbound, A2A2213A20South Circular RoadA2212, then A21. From West London, you can take South Circular Road to Catford, then A21.


    Public transport

    We are situated in Bromley East Street, which is served by Bromley South and Bromley North train stations, they are about 5-10 minute’s walk away. There are direct trains from London Victoria, London Bridge and London Blackfriars to Bromley South station. Bromley South is connected by direct trains to major towns around London and in Kent such as St Albans, Orpington, Sevenoaks, Ashford, Gillingham, and Ramsgate.

    The main bus routes serving Bromley High street are 61, 119, 138, 146, 208, 227, 246, 261, 269, 320, 336, 352, 354, 358, and 367.

    Chartered Certified Accountants       Call us: 020 8313 9117 contact@adivaaccountants.co.uk
    We're currently open.

    What to consider first?

    For your business to become a success there are a number of important factors which should be considered:

    • Commitment. As starting a business is a demanding process the determination and enthusiasm are essential.
    • Skills. To be successful you will need managerial, financial, technical and marketing skills. As hardly anyone has got all these skills, you have to hire a partner or employee, or acquire them through training.
    • Your product or service. They should have a proven market, but must not conflict with the patent or rights of existing businesses.

    Additionally, there are a number of more specific matters.

    The business plan

    The business plan is the most important. Most likely you will need finance and no bank manager will lend money without a sensible plan.

    The business structure

    There are three common types of business structure:

    Sole trader

    This is the simplest form of operating in business. However, the business of a sole trader is not distinguished from the proprietor’s personal affairs. So, your personal assets can be in danger.

    Partnership

    A partnership is similar in nature to a sole trader. As more people are involved it is recommended to draw up a written agreement of the terms of the partnership. Same as for the soletraders the business and personal affairs of the partners are not legally separate. Another possibility is to use a Limited Liability Partnership (LLP).

    Company

    Here the business affairs are separate from the personal affairs of the owners. But there are certain legal regulations to comply with.

    What is the appropriate structure for your business will depend on a number of factors and relevant circumstances. You should consider taxation implications, the legal entity, ownership and liability.

    Business stationery

    Depending on the type of the business structure, there are minimum requirements for the contents of business stationery, both paper and electronic.

    Books and records

    All businesses are required to keep records. The records can be maintained by hand or may be computerised. They should contain details of payments, receipts, credit purchases and sales, assets and liabilities. Please obtain professional advice before purchasing computer software to maintain your records.

    Accounts

    The accounts are produced by using the books and the records. If the records are kept properly it will be easier to prepare the accounts. Accounts must be prepared for HMRC and if the business is trading as a company, there are strict legal requirements for their layout. The accounts and company tax return must be submitted electronically to HMRC in a specific format (iXBRL).

    In certain circumstances a company and a LLP may need to have an audit. Also, they will need to make the accounts publicly available by filing them at Companies House within a strict time limit.

    If you are starting, or have started a business in Chislehurst, Bromley, Kent and London areas, please contact us at Adiva Accountants in Chislehurst for further advice.

    Categories: Business startup, Business startup in Orpington Kent
    Back To Top